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Mast Energy Developments PLC ( (GB:MAST) ) has issued an announcement.
Mast Energy Developments PLC has announced a new strategy focused on providing power supply to AI datacentres, aiming to develop 1 GW of AI datacentre power campuses in the UK over the next 36 months. This strategy positions MAST to capitalize on the rapidly growing demand for AI datacentre power in the UK, with plans to roll out in modular blocks and leverage partnerships to achieve its growth targets. The initiative is expected to significantly drive MAST’s growth and enhance its position as a leading AI infrastructure platform company on the London Stock Exchange.
More about Mast Energy Developments PLC
Mast Energy Developments PLC is a UK-based company that develops, operates, and owns flexible generation power assets. The company has deep expertise in infrastructure planning, grid and gas access, and power generation and supply, with a proven track record of delivering power in constrained areas. MAST has established partnerships with blue-chip companies like Powertree and Rolls-Royce.
Average Trading Volume: 528,460
Technical Sentiment Signal: Buy
Current Market Cap: £23.37M
Find detailed analytics on MAST stock on TipRanks’ Stock Analysis page.